Dec 18, 2012 2:00pm PST
"events that occurred in connecticut are a wakeup call to re-examine our investments." the california teacher's pension fund has a lot of money for those investments. $155 billion overall to be exact. remember $751 million of that is with cerberus. so facing that kind of clout cerberus announced at 1:00 a.m. this morning that it would sell freedom group and it would return the proceeds to investors. the company said -- cerberus said "it is apparent that the sandy hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level. as a firm, we are investors not statesmen or policymakers. our role is to make investments on behalf of our clients who are comprised of the pension plans of firemen teachers, policemen and other municipal workers and unions and endowments and other institutions and individuals." it seems like money talks afterall. at least in the world of private equity. now california state treasurer bill lockyer has asked the states' two largest pension funds,
Dec 17, 2012 11:00pm PST
to get guns. john larson from connecticut wants congress to close the gun show loophole. so has the newtown shooting changed the political climate for gun safety in america. here is robert reich the author of "beyond outrage." he is joining us tonight from berkeley, thank you so much bob for joining me today. >> well good evening, jennifer. i'll tell you this is something that only tangentially touches on my normal topics but goes to the heart of the moral understanding and ability of americans to take action. i think we have reached a tipping point here. i think the normal approach we take as a country, because of an at attention deficit disorder that we have in the media is when some horrendous thing like that happens, we talk about gun control and change and then we sort of lose our way. the gun lobbies become more activated, and then when it looks like we are serious, they mount all of their possible cloud. i think this time it is going to be different. there's no way that americans are going to forget 20 six year olds and the way they were gunned down.
Dec 19, 2012 2:00pm PST
talked about expanding the assault weapon bill. connecticut does have an assault weapon ban, the ar-15 which was used is not assault weapon. so part of the discussion has to be, well, what is an assault weapon, and the banning of -- with the expansion of the list stop this from happening as well? and i think we're going to have to look at a lot of data and make sure we're making progress in the right direction and not just putting a band aid on it. >> jennifer: yeah -- go ahead. >> last night i put in mario war fair on youtube, and mario brothers -- it was a ten-minute youtube of a guy walking down the hall shooting everybody, but those type of cultural exhibits did not exist 30 and 40 years ago, and are we bombarding our children with that? and the reason why that's important is because if we want to examine in its entirety this whole cultural experience this phenomenon if you will should we talk about that? and i understand the first amendment issues are just as sensitive as the second amendment issues but i think we need to be bold in our conversation and disc